Empire State Realty Trust (ESRT) announced that it has signed a new, 11-year office lease with luxury skincare and beauty brand Sol de Janeiro USA for 57,203 square feet at One Grand Central Place. Sol de Janeiro is a subsidiary of French beauty brand L’Occitane, who recently signed a separate 9,497-square-foot expansion and lease term extension on its existing 20,962-square-foot space at ESRT’s 111 West 33rd St.
One Grand Central Place offers 55 stories of modernized, amenitized office space near dining, lodging and entertainment, as well as convenient in-building access to Grand Central Terminal’s commuter trains, five subway lines and Grand Central Madison access to the LIRR.
“Sol de Janeiro is a fantastic addition to One Grand Central Place’s stellar tenant roster,” said Thomas P. Durels, executive vice president, real estate at Empire State Realty Trust. “Our partnership together will deliver them a fantastic, custom installation where Sol will enjoy top-tier amenities and convenient access to transportation.”
Brent Ozarowski of Newmark represented Sol de Janeiro USA in the lease negotiations. Jordan Berger of ESRT and Scott Klau, William Cohen, Erik Harris and Neil Rubin of Newmark represented the property owner.
